Global stocks surged last week as concerns over inflation moderated. The S&P 500 soared 4.3% and produced gains every trading day. The MSCI ACWI also rose 4.3%. The Bloomberg BarCap Aggregate Bond Index gave up another 0.2% on higher inflation news and is now down 2.1% this year.
It was a difficult week for investors. Stock markets continued to decline, and bonds also dropped slightly. The S&P 500 fell 5.2%. Global stocks fell slightly lower, with the MSCI ACWI falling 5.7%. The Bloomberg BarCap Aggregate Bond Index continued its decline, dropping 0.1%. The S&P 500 had reached correction levels by falling more than 10% from its high prior to Friday’s rally.
Global stock market performance last week reminded us risk is an inherent part of investing. The S&P 500 dropped 3.9%. Global stocks dropped slightly less, as the MSCI ACWI fell 3.4%. The Bloomberg BarCap Aggregate Bond Index continued its decline by dropping 0.9%.
One of the most important decisions to be made when designing your estate plan is who to name in the various fiduciary roles – trustee, personal representative, executor and agent. While a critical decision, it is often given significantly less thought than the design and distribution of your assets. Even a meticulously designed estate plan drafted by an accomplished estate planning attorney will fail to achieve its purpose if the Trustee selected fails to administer the trust properly. Read more
Published by Pamela Corrigan
This morning, I saw the title “Safe Investment” on the cover of one of my husband’s magazines. Not recognizing the magazine, I looked closer, only to find it was PRI, aka Performance Racing Industry. The specific article focused on how racing helmets have evolved and are continuing to evolve to dramatically increase a driver’s safety.
Global stock markets kept charging higher last week. The S&P 500 soared 2.2% and is now up 7.5% for the year. Global stocks climbed as the MSCI ACWI rose 2.1%. The Bloomberg BarCap Aggregate Bond Index slid a negligible amount last week and is down 0.9% for the year. The U.S. Department of Commerce announced GDP rose 2.6% in the fourth quarter. Read more
Published by Mark Petersen
Divorce is one of the most emotional experiences people may contend with in their lives. With the exception of Ross Geller on Friends, most people may only experience divorce once or twice in their lifetime. With limited exposure to the process, it may be easy to get caught up in the moment and fall victim to one or more of the seven sins of divorce. Read more
Published by Keith Corrigan
If you were to die today, would your spouse’s life be turned upside down? What if the opposite were to happen?
The realists among us have pondered what we would do if our spouse passed away. If you are unprepared for this life-changing event, it may be something you are not able to overcome – emotionally or financially. Read more